Changes to Indonesia’s foreign ownership laws are in the pipeline for the first half of 2010, and are expected to allow foreign investment of up to 49 per cent in logistics operations.
Indonesia’s current ‘negative investment list’ limits foreign investment in education, telecommunications, courier services and logistics, creative industries and healthcare, reported International Freighting Weekly (IFW).
The changes to the list are being finalised by the government, and are expected to be finished within two months, although securing the changes is not likely to be an easy task.
Indonesia’s Investment Co-ordinating Board (BKPM) has been the driving force behind the changes, and must now secure support from a number of individual government ministries involved in the laws, the IFW report said.
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